People who have expenses like child care, mortgages, car payments, unexpected medical bills, don't contribute to a 401K through automatic payroll deductions, or who just don't budget as well as they might.
The average savings rate from 1959 to 2014 was 6.82%. [1]
The average savings rate from 1959 to 2014 was 6.82%. [1]
[1] http://www.tradingeconomics.com/united-states/personal-savin...